Company Overview

Weizmann Limited is the flagship company of the Weizmann Group with business interests in Textile Processing and Exports, Fin-Tech and Renewable Energy. Incorporated in 1985, Weizmann Ltd is engaged in a host of diverse activities, including finance, textiles, and exports. The company has undergone significant transformation since its inception, evolving from a pure textile business to a diversified enterprise with multiple revenue streams.

The company was formerly known as Weizmann Industries Ltd and changed its name to Weizmann Limited in 1994. Originally in the textile business, it diversified into financial operations in 1994, offering merchant banking and portfolio management services, alongside leasing, hire purchase, ICD, bill discounting, and other activities. This strategic diversification has positioned the company across multiple sectors, creating a balanced business portfolio.

Core Business Operations

#### Textile Processing and Manufacturing

Weizmann Limited is an India-based company engaged in textile processing and exports. The Company operates primarily through its textile business segment. Its textile operations represent its main business focus, with specialized manufacturing capabilities designed for specific market segments.

The Company has a composite textile processing and manufacturing facility located at Vatva Road, Narol in Ahmedabad. The textile process involves the procurement of grey cloth, grey fabric inspection, bleaching and mercerizing, dyeing, printing, fixation, washing, finishing and calendaring, finished product inspection, packing, and dispatch. This comprehensive manufacturing process ensures quality control at every stage of production.

#### Product Portfolio and Market Focus

The Company's primary focus is the African market. The product range for Africa includes Cotton Voiles, Pracale, and African Prints. Weizmann Limited manufactures and exports African Wax imitation prints, kitanges, khangas, dress materials, grey fabrics, cotton yarn of all counts, and garments (skirts, shirts, trousers, etc.) for Africa, the Middle East, Europe, and America. The company has strategically positioned itself as a specialist in African textile products, leveraging this niche expertise to build a strong market presence.

The Company also exports engineering items, bicycles, toothpaste, and match boxes. This diversified export portfolio demonstrates the company's ability to leverage its distribution networks and market knowledge across various product categories.

#### Financial Services and Other Ventures

Beyond textiles, Weizmann has established a significant presence in financial services. Weizmann Limited was initially engaged in Textile Processing and Exports and A to Z of Non-Banking Finance Activities. In the early 1990s, it commenced its Money Changing Business as an FFMC registered with the RBI, under the brand name Weizmann Forex. The group then started money transfer services as representatives of Western Union Money Transfer Services, USA.

The group also promoted a Housing Finance Company, Weizmann Homes. Furthermore, the group ventured into the Renewable Energy sector by initially manufacturing NedWind make Wind Electric Generators and later as Renewable Energy Developers, primarily Wind Power and Hydro Power, under Karma Energy. This diversification into renewable energy positions the company to benefit from India's growing clean energy sector.

Financial Performance and Market Position

Weizmann Ltd has a market capitalization of ₹ 189 Cr as on 24-Mar-2025. As per Value Research classification, it is a Small Cap company. The company's financial metrics reflect its position as a growing enterprise in the small-cap segment.

Key financial ratios as of March 24, 2025:

- P/E Ratio: 27.39 times (a 13% premium to its peers' median range of 24.24 times).

- P/B Ratio: 2.70 times (a 30% premium to its peers' median range of 2.08 times).

- TTM Profit After Tax: ₹7 Cr.

The company has shown positive momentum in recent periods. The Recommended Dividend @ 5% (i.e., Re. 0.50/- per Equity Share of Rs. 10/- each) demonstrates the company's commitment to returning value to shareholders.

Leadership and Governance

The Chairman of the company is Dharmendra G Siraj, and the Managing Director is Neelkamal V Siraj. The leadership structure includes experienced professionals who guide the company's strategic direction across its diversified business portfolio.

The company maintains strong corporate governance practices. Promoter holding in Weizmann Ltd has gone up to 68.34 per cent as of Mar 2025 from 68.34 per cent as of Sep 2024. There is no promoter pledging in Weizmann Ltd, indicating stable promoter commitment and healthy financial management.

Stock Exchange Listing and Trading

Weizmann Limited trades on both major Indian stock exchanges under the symbol WEIZMANIND.

Registered Office: 214 Empire House D N Road, Fort A K Nayak Marg, Mumbai, Maharashtra-400001

Phone: 91-22-22071501-06

Email: contact@weizmann.co.in

The company maintains transparent communication with investors and stakeholders through regular disclosures and updates. The stock has demonstrated resilience with varied performance across different time horizons, reflecting the cyclical nature of its core textile business and the impact of its diversification strategy. The company's positioning in both traditional manufacturing and emerging sectors like renewable energy provides multiple avenues for future growth while maintaining its established textile processing expertise.